The consumption sector in particular will post strong performance during the festive period, given that it is one of the peak seasons in the year. As the Shanghai Composite Index has risen over 3.9 percent so far this year, the market will probably perform better than the same period in the past two years, according to the note.
The conference stressed the importance of winning the battle against poverty, and called for consistent efforts to lift the rest of the poor population out of poverty and effective steps to prevent people from slipping back into poverty.
The country will continue to uphold supply-side structural reform as the main task, deepen the reform in line with market principles and expand high-level opening-up, it said.
The coronavirus pandemic has killed more than 120,000 Americans of the 2.3 million who have been infected and is still flaring in a dozen states that reported record increases in cases last week, according to data from Johns Hopkins University.
The country will bring construction of skyscrapers under strict restriction while bolstering the protection of historical and traditional buildings in an effort to make urban architectures more representative of the country's culture and consolidate Chinese people's cultural confidence, according to a guideline published on Wednesday.
The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.
南昌大便血红色
The conglomerate, which also owns China's fourth-largest airline Hainan Airlines, is the biggest shareholder in NH. It has hired JP Morgan and Benedetto, Gartland & Co to scout for potential buyers.
The conference, which ends on Saturday, is being held in the Wuhan East Lake High-Tech Development Zone, also known as the Optics Valley of China. It comes as China has made strides in developing the industrial internet, which refers to the broader adoption of advanced technologies such as 5G, big data, artificial intelligence and the internet of things to boost industrial efficiency.
The country will ensure domestic and foreign firms enjoy equal access to government assistance and rescue policies for companies in need to mitigate the impact caused by the COVID-19 outbreak, said Wang Shouwen, vice-minister of commerce, during a video conference in Beijing.
The country imported 6.52 million tons of natural gas in October, down 10.6 percent year-on-year. In the first 10 months, natural gas imports totaled 77.71 million tons, up 7.9 percent year-on-year.